Binance mining pool found the first block in Bitcoin network

by in Cryptocurrency News

Binance mining pool

The recently launched Binance mining pool has mined its first block. This was told by its CEO.

Related: Binance launches blockchain with support for smart contracts

The indicated block is numbered 627,434 and was mined at 13:31 UTC. Most block browsers still display the pool that found it as Unknown, but information about the Binance pool that got it can be found in the Coinbase transaction.

The information they plan to launch own mining pool reported its CEO in early April.

He wrote in today's message that they are still in closed beta mode. They will start soon. As usual, the lowest commissions among all mining pools.

OKEx and Huobi also have own mining pools: both of them are among the ten largest producers of BTC. The leaders are F2Pool and Poolin, and is in third place.

Recall that a few days ago Binance decided to enlarge support for fiat money by adding 5 more currencies. It seems that the platform plan to introduce 180 fiat currencies before the end of 2020 is being implemented successfully. You can read more about this in our article.